OnyxTradingEducation

OnyxTradingEducation

BTC/USDT - 5:1 RRR Long Team: OnyxCrypto Trader: Nick Deflorio Looking for more downside here before taking a long position, I can see price moving straight through those equal lows, simply because there would be a large group of the market buying the ''support'' level, this is where liquidity is stacking in the form of sell stops below that equal...

OnyxTradingEducation

Check the initial trade idea below! Closed the trade now - I have taken profit and will see how price reacts off the level of demand.

OnyxTradingEducation

BTC USDT Looking like a reversal point right now, we had a quick move past 25k and failed to hold above the key level. We are sitting below weekly range highs at the moment and lower time frame structure shifting (1HR/2HR) Aiming to take full PROFIT target down to area of demand and filling imbalance to the left.

OnyxTradingEducation

Overnight we saw the sweep of equal lows cleared, I am in a really strong position on this trade and will actively manage to see short time frame price action. I want to let this run the full distance, keeping alerts on trading view to keep me updated while I am on the move. I expect another strong drop into the TP over the next 8-12 hours.

OnyxTradingEducation

We are breaking structure. I want to see the equal lows breached and sell stops triggered before looking at potentially locking in some R

OnyxTradingEducation Updated 

Premise: I took the trade off the 2 hour pivot supply zone. On the higher time frame 1D we are sitting inside a crucial level nearing the range highs and also inside a supply zone. Lower TF structure shifted so I refined time frames lower to find an entry as close to the 2h supply as possible, using the 30 min for execution and SL placement. Targeting a sweep of...